Each of them sought the property for their primary purpose of worship/office/etc, and then sought out additional uses as well - nursery school, food bank, place of worship for a Jewish congregation (Saturday versus Sunday), auxiliary space for the local library that needed additional educational space, counseling, etc.There is merit to your concept, but many factors come into consideration:  zoning, parking, how easy it is to "convert" space, etc. 

Thank you @Kevin Sobilo for your insights.

I appreciate any insight!

Hi everyone!
My husband and I are new to the game, but we're eager to start our real estate investment journey. We currently run, via arbitrage, an Airbnb, which was also our first DIY renovation project. We're big d...

I was thinking if 3 of us shared one, it would cut down costs and provide each of us that additional support we may need to juggle all of our tasks. 

Do you find it's worth the higher cost and additional hoops to jump through?

Analyzing areas around Columbus OH for purchasing duplexes and SFH for appreciation / cash flow - would like to stay in $100-200k range - any insight on where to target and areas to avoid are appreciated.

I'm sure there are other strategies available and would greatly appreciate all insight others are using to pay off and reuse their HELOCs.

In addition you need to do a 3rd party home inspection & get an appraisal.

Thanks so much for your help/insights!